Specified Air Solutions

Specified Air is a multi-branded, commercial and industrial HVAC equipment manufacturer focused on providing end users with semi-custom, energy efficient solutions for their indoor air quality needs, including dehumidification, heating and cooling & ventilation products. The company's diverse product offering is utilized in a range of niche market applications, including manufacturing facilities, warehouses, airport hangars, hotels, fitness facilities, retail stores and municipal and community centers.

a portfolio company of

has been acquired by

HVAC & Industrial Products

Situation

BlackArch was engaged by Specified Air and The Sterling Group to serve as the company’s exclusive financial advisor.

BlackArch’s Customized Solution

The transaction serves as another example of BlackArch’s deep experience in serving clients within the Industrial Products sector and is representative of the firm’s focus on providing unique M&A advisory services to market-leading and sponsor-backed growth businesses.

Outcome

Specified Air was acquired by Madison Industries, and the company will be a part of Madison’s Indoor Air Quality segment and complement Madison’s suite of niche HVAC and indoor air quality solutions.

Industries:

Industrial Products

Location:

Grand Rapids, MI

Transaction type:

Sellside Advisory